Iowa · Nonprofit
COVENANT MEDICAL CENTER INC
COVENANT MEDICAL CENTER INC (Iowa) receives grants from 5 organizations whose IRS filings report $298,893 to it, the largest being CEDAR VALLEY UNITED WAY ($124,564). 2 of them have funded it in more than one year.
Against its field
COVENANT MEDICAL CENTER INC runs a healthier operating margin than half of the 877 health nonprofits its size.
this organization peer median middle 50% of peers· 877 health nonprofits over $100M, FY2025
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Otto Schoitz Foundationlocal
- Minnesota Hospital Associationportfolio match
- The Research & Educational Foundation of the Ohio Hospital Associationportfolio match
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 6% · 2021 3% · 2022 0% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
0% of COVENANT MEDICAL CENTER INC’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income rose $22k → $42k.
Left out of every figure on this page: $8.6M from one payer (the payer shares this organization's board, largest Covenant Foundation Inc). These are real filings, and they are not money COVENANT MEDICAL CENTER INC raised.
From the IRS filings of COVENANT MEDICAL CENTER INC’s funders (the co-funder graph). Top 4 of 5 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COVENANT MEDICAL CENTER INC leans on a few funders — its largest provides 42% of grant income and the top three 99%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COVENANT MEDICAL CENTER INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 86% · 2021 100% · 2022 100% · 2023 73% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
69% of COVENANT MEDICAL CENTER INC's grant income comes from Iowa funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.
- Otto Schoitz FoundationlocalIA · funds 72 organizations near you
- Minnesota Hospital Associationportfolio matchits grantees resemble your mission
- The Research & Educational Foundation of the Ohio Hospital Associationportfolio matchits grantees resemble your mission
- Michigan Center for Rural Healthportfolio matchits grantees resemble your mission
- Illinois Hospital Research & Educational Foundationportfolio matchits grantees resemble your mission
- The Illinois Critical Access Hospital Networkportfolio matchits grantees resemble your mission
- Indiana Hospital Association Incportfolio matchits grantees resemble your mission
- Iowa Hospital Education and Research Foundationportfolio matchits grantees resemble your mission
- American Healthcare Radiology Administrators Education Foundation Incportfolio matchits grantees resemble your mission
- North Dakota Hospital Foundationportfolio matchits grantees resemble your mission
- Cedar Falls Community FoundationlocalIA · funds 18 organizations near you
- Black Hawk County Gaming AssociationlocalIA · funds 67 organizations near you
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Government funding COVENANT MEDICAL CENTER INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $179k on record.
- Corporation for National and Community Service$160k
- Department of Defense$19k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like COVENANT MEDICAL CENTER INC
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Iowa
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 310 related entities
- Advantage Healthsaint Mary's Medical Group · exempt
- Allegany Franciscan Ministries Inc · exempt
- Asylum Hill Family Medicine Center Inc · exempt
- Baum Harmon Mercy Hospital · exempt
- Baum Harmon Mercy Hospital and Clinics Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for COVENANT MEDICAL CENTER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COVENANT MEDICAL CENTER INC?
- COVENANT MEDICAL CENTER INC (Iowa) receives grants from 5 organizations whose IRS filings report $298,893 to it, the largest being CEDAR VALLEY UNITED WAY ($124,564). 2 of them have funded it in more than one year.
- How many funders does COVENANT MEDICAL CENTER INC have?
- IRS filings report 5 organizations giving $298,893 in grants to COVENANT MEDICAL CENTER INC, 2 of which have funded it in more than one year.
- Who is the largest funder of COVENANT MEDICAL CENTER INC?
- CEDAR VALLEY UNITED WAY is the largest funder on record, with $124,564 in grants. The full list of funders is on this page.
- How can an organization like COVENANT MEDICAL CENTER INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing